Technical analysis by ulrichniederhausser about Symbol PAXG: Sell recommendation (5/7/2025)
https://sahmeto.com/message/3492415

ulrichniederhausser
Rank: 2602
Analytical Power:
2.0
Gold. Long-term Elliott Wave Structure.
:Sell
Price at Publish Time:
$3,375.17

I'm showing this beautiful weekly chart since 1971 when president Richard Nixon ended the international convertibility of the US dollar to gold. The path followed by gold since that time, is a text-book Elliott wave structure where long term wave 3 has ended. Wave 4 resides at 900 dollars per ounce.
Source Message: TradingView